This seems to be growing really quickly now. They hit the first billion tonnes just over 2 years ago, now at 2.76 billion tonnes. From memory they haven't included any deep drilling to date, so plenty of scope for further increases. Share price has gone from around 40c to 15c in that time with only minimal dilution from options conversion. hmmm...Mr Market?
Ann: Resource Upgrade Koki Ekwai , page-3
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